In the long run will surely go UP so much more. New high GUARANTEE above 70 sens +++ easily. My prediction is almost RM1 :) Cheers people and happy trading & Welcome to Bahvest
I'm new to stocks related to gold etf.. Why everyone is rushing in PK & Tomei instead of bahvest? Gold miner should be the one direct benefit from gold price surge.... Doesn't make sense!!
Pohkong and tomei will first increase due to high inventory.. but for long run bahvest is better as the cost for pohkong and tomei also will increase due increase in price of their raw material
if Bah is mining 50kg of gold per month and at today's gold price of USD 1950, gold revenue per month would be 14.5million. Don't know cukup makan or not.
2018 average selling price RM169 2019 average selling price RM195
Let say gold price hover around RM290, annual profit increase by 44m (based on 2019 output), which is 152% increase. Profit from mining itself is 73m (6sen).
With PE10, 60sen bahvest is reasonable.
What if Bahvest keep increasing its production output
Prospects and Outlook Through the diversification into gold mining business as core business, the Group is one of the few gold mining sites in Malaysia and the only one in Sabah. The Board is confident that this new mining business can enhance Group’s revenue steam and broaden its earning base in order to achieve a sustainable growth and add value to the shareholders. The gold mining operations had been commenced commercially during 30 September 2018 and sold approximately 231.652 kgs of net gold which amounted to RM39.339 million for the year ended 31 March 2019. The Group expects mining business can contribute more future earnings as the gold production expected to increase once Wullersdorf starts the process of drilling and mining the sulphide and oxide rocks/ore at the identified mining site. The good trend of market value of gold was expected tend to a higher gold price in the future.
Wah I see the comments here I need to check and check again see if really is Bahvest :) Hahaha!!! Soooooo many new people... Hehe!!! Welcome to Bahvest Everyone and hope U all earn a lot
Changes in Director's Interest (Section 219 of CA 2016)
BAHVEST RESOURCES BERHAD
Information Compiled By KLSE
Particulars of Director
Name DATUK LO FUI MING Descriptions(Class) Option under Employee Share Option Scheme ("ESOS") Details of changes
No Date of change No of securities Type of transaction Nature of Interest 1 27/07/2020 500,000 Others Indirect Interest Name of registered holder Lo Choon Fung @ Michelle Description of "Others" Type of Transaction Exercise of ESOS Consideration (if any) RM0.35
Circumstances by reason of which change has occurred Exercise of option under ESOS by child Nature of interest Indirect Interest Total no of securities after change
Direct (units) Direct (%) Indirect/deemed interest (units) 9,652,000 Indirect/deemed interest (%) Date of notice 29/07/2020 Date notice received by Listed Issuer 29/07/2020
Aiya LFM is the boss. Give him some incentives to work hard as long as he doesnt take the gold and put into his pocket then we all can Huat together with him
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Vincentbravo
1,095 posts
Posted by Vincentbravo > 2020-07-28 12:13 | Report Abuse
In the long run will surely go UP so much more. New high GUARANTEE above 70 sens +++ easily. My prediction is almost RM1 :) Cheers people and happy trading & Welcome to Bahvest